Tag Archives: tariff

Rice shipments to Africa to bounce back this year

Workers load rice for export at the HCM City Food Company. Viet Nam’s rice export turnover to markets in Africa, West Asia and South Asia HA NOI  (VNS) — Viet Nam’s rice export to Africa is likely to rebound significantly this year, based on the rapid growth seen in the first quarter, according to the […]

Vietnam’s rice exports in stalemate

VietNamNet Bridge – Vietnam’s rice exporters continue to rely on the Chinese market. Experts warn Vietnam may fall into the Chinese ‘low-quality rice’ trap. Exports at standstill, rice prices fall According to the Vietnam Food Association (VFA), Vietnam had exported 2.1 million tons of rice by the end of May, earning $870 million, a decrease […]

PM upholds unchanged VAT for rice

Statistics from the Ministry of Agriculture and Rural Development showed that domestic rice consumption, which was imposed with a 5 per cent VAT HA NOI (VNS) — The Prime Minister has approved the Ministry of Finance’s decision to not slash the value added tax (VAT) imposed on rice in the domestic market. Accordingly, the tax […]

EU trade agreement to cut tariffs

Workers of Southern Food Company in HCM City load rice onto a boat for export. The EU will set aside large quotas for VN’s unprocessed rice HA NOI (VNS) — After the Free Trade Agreement between EU and Viet Nam (EVFTA) comes into effect, the EU will eliminate 86 per cent of tariff lines or […]